Bill

BILL • US SENATE

S 3753

Preserving Homes and Communities Act of 2026

119th Congress
Introduced by Jeff Merkley, Chuck Schumer, Tina Smith and 1 other co-sponsors

The Preserving Homes and Communities Act requires sales of non-performing FHA mortgages to prioritize affordable housing, with 75% of acquired homes sold at fair market value to owner-occupants or nonprofits.

Introduced in Senate
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